The leader of a major cryptocurrency exchange has raised significant concerns about the Pi Network project, which recently launched its long-awaited open network.
Warnings from Bybit's CEO
Ben Zhou, the CEO of Bybit, voiced strong objections against Pi Network following its open network announcement. Zhou clearly distanced himself from the project and denied rumors of joining the project.
Police Warnings and Investigations
In a recent social media post, Zhou referenced an 'official police warning' from China suggesting the project targeted elderly individuals as a potential scam. Authorities in Vietnam are also examining Pi Network's activities.
Serious Allegations About Pi Network
Zhou raised serious concerns regarding user safety, claiming that the Pi Network could leak personal user data, risk pensions, and faces multiple legitimacy questions.
These developments raise important questions for those involved with Pi Network. While backed by its community, the project continues to face both interest and skepticism, necessitating thorough analysis.
